S4 Ep 5: Money Conversations – Taking Account of the Past

Simon and Bex discuss the very significant influence that past conversations and experiences involving money can have upon us.

Some key points of interest covered in this episode include the following:

• Simon explains that the next three episodes will focus on how factors connected with the past, the present and the future can affect our attitudes towards, and our experiences of, money. In this episode, the spotlight will be on the way in which previous conversations and experiences involving money may have influenced the way in which we are currently dealing with financial matters. [00:36]
• Simon and Bex start off the discussion by identifying various people and factors that are likely to have played a role in shaping and influencing our view of money. [02:06]
• Attention then shifts to what kinds of attitudes might be developed in individuals through interaction with other people regarding money matters and also as a result of observing or experiencing situations in which money has been a key factor in determining an outcome. [05:32]
• Simon then makes some comments on how we can start to change the situation and move forward if we are not entirely happy with the relationship that we currently have with money. Gambling is used as an example of a topic that requires us to think through, and discuss, a subject ourselves in order to arrive at our own view of a matter. [10:15]
• The desirability of using a credit card is provided as another example to illustrate that there are money matters on which there is not a cut and dried, biblical point of view. [16:19]
• Simon highlights the importance of learning from mistakes and moving on our attitudes and opinions in a positive manner. [18:20]
• Simon suggests that the following practical steps can be taken to address issues that have been identified as being an unsatisfactory legacy from the past: (i) acknowledge that there is a problem [20:22]; (ii) speak to others and learn from a trusted friend who seems to handle money well [20:48]; (iii) put in the necessary hard graft eg by putting a budget in place [21:42]; (iv) if necessary, seek debt recovery advice from the likes of Christians Against Poverty [21:58].
• In response to a final question from Bex, Simon comments on steps that can be taken to deal with emotional hurt arising from previous money incidents or conversations. [22:45] He notes that in some cases, such as those involving divorce, the ramifications can be very significant and far-reaching. [25:02]
• The next episode in this season will explore how the decisions that we make about money in the present affect us not only just now but also in the future. [26:53]

Suggestions or feedback arising from this episode can be sent via email to whereyourtreasureis@freerangepodcasting.co.uk while messages via Instagram should be directed to @whereyourtreasureispodcast.

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